Remax Realtor, Andrew Hasman gives his breakdown on the Vancouver housing market. No surprise that July has seen a settling down. This year is unlike any other year.
Summer is here, covid restrictions are easing, people are starting to travel and vaction. The audience has gone down, the market has eased with fewer buyers with properties taking a little longer to sell –it's a normal summer market.
Great time for buyers. Interest rates are still down, less buyers, you may want to put on some conditions.
Where do we go from here? Summer will likely stay steady. it's still a good market. Prices could settle back but there are still enough buyers out there to keep pricing in check.
Expect a full market pick up in November. In the meantime, enjoy your summer, and stay health and safe! Contact Andrew anytime at 604-657-7936